1120 E Elma Street

Description

Located in Ontario’s Downtown area, a TRI-PLEX located on a corner lot with 2 bedroom, 1 bath units with one car detached garages. The units were built in 1955 and are approximately 770 square feet each. Each unit has individual washer/dryer hookups. Front unit has yard, all other units have front and rear patios. The gross income for rent and utility reimbursement from tenant to landlord is $4,894. Professionally managed them since June 2024. $120 pass thru utility charge per unit was put in place in August 2024 and all rents were increased in January 2025. The tenants are all long term. Another rent increase can go into place in January of 2026.

Listing information courtesy of: Rudy LaBrada, THE LABRADA GROUP 909-981-3500. *Based on information from the Association of REALTORS/Multiple Listing as of 02/20/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.